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20121228
20121228
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Search Results 0 to 26 of about 27 (some duplicates have been removed)
in the fridge could be going way up. details on another deadline congress is facing that could hit the price of milk pretty hard. we'll tell you about it when we come back. >>> congress is facing another big deadline that could impact what you pay for something on just about everyone's grocery lift. >> we have more on what is being dubbed the milk cliff. >> reporter: cows on the cliff or at least their milk while all eyes are fixed on the fiscal cliff. there is another deadline quickly approaching, the milk cliff. it is part of a stalled farm bill with as much as $35 billion in cuts. if the bill doesn't make it through congress before the end of the year, the government will be forced to buy vast quantities of milk under a truman era law that could send consumer milk has high as $6 to $8 a gallon because the government would be forced to pay twice the rate under the 1949 rules. fomples are would sell their milk to the government first prompting a shortage in supplies which would spike the price consumers pay. >> the farm bill is like this low hanging ornament on the congressional christmas t
, one to avoid the full impact of the fiscal cliff. it will allow congress to again take another crack at finding some way to deal with spending cuts and tax reform. gerri: stay with us, rich edson. thank you so much for that report. turning now to our guests. it's up to harry reid and mitch mcconnell, the two leaders in the senate. trying to craft something. how likely is it that there would be a bill that passed the senate and house? after all, that is the problem we have had a long. >> well, first, we have not seen any details of this package. we are talking completely off-the-cuff, but we know will not be at 250. i think carrie reed has problems from new york like dianne feinstein of california, and 250 will be a big pill to swallow. this is a fiscal cliff that we can have 50 days, 60 days down the road. it does not fix the problem if you will have these taxes on $250,000 and above. as rich edson said, this is going to be another deadline in congress has to have. i think everyone needs to get comfortable with the fact that we are going to have these kinds of stopgap last-second dea
that makes his legs immobile. >> congress cutting it close to avid the fiscal cliff. nation back into another recession, today, name calling picked up. boehner for letting lawmaker goes on vacation. house members not due back ununtil sunday. that is two days before the tax increases take affect. boehner is putting the ball in the court and says the house will take action on whatever the senate can pass. the president has spoken to senate and house leaders from both parties but had no plans to meet with congressional leaders tonight or tomorrow. >> three people have filed a federal lawsuit against city of san francisco arks kusing the police department of conducting illegal searches. this occurred at the henry hotel. saying police officers entered room was a master key provided by the hotel, then, began searching through personal belongings without warrants or just cause. thist@2p is camera footage of te searches by public defender last year. the suit filed by civil rights attorney john buress naming four officers. >> a slew of new laws set to hit the books january 1 from new rules on the road
in another partisan stalemate. but over in the capitol the lower house of congress remains dark to avert the fiscal cliff. it's republican leader will call the session on sunday. the top senate said his branch of congress must take the initiative on a compromise. >> it appears to me the action if there is any is now on the senate and we will have to see if we're able on a bipartisan to move forward. >> but the democrats say there can be no deal without republican concessions on tax increases. >> unless we get a sign-off from the republicans in the house, we can't get anything done. for them to talk about a bipartisan arrangement, we have done that. >> without a deal, the mediate effect would billion a tax hike. relief checks to $2 million -- 2 million onamericans would also cut, possibly triggers another major u.s. recession. >> things that you don't really need, you're not going to get. >> it will probably affect my finances in a huge way. >> it will affect my dad. my dad's 76 and he's already got his food stamps cut and his medicaid cut. i don't know how much more than can cut. >> half
the new congress takes over. danielle leigh, wbal-tv 11 news. >> a stalemate of another kind could paralyze shipping, for making a very difficult for goods to get into the area. port workers along the east coast could go on strike in just a few days. kim dacey joins us live from self baltimore with more on what it could mean for our area. >> ledgewood -- could be the biggest port strike along the eastern seaboard in 35 years. it would affect about 2000 workers in baltimore alone. about $55 billion of cargo a year goes in and the port and according to the port administration, 108,000 jobs linked to activities at the port. if negotiations between the maritime alliance and international longshoremen are not going well. unless an agreement is reached by midnight sunday, there would be a complete shutdown of all ports, from maine to texas. a report spokesperson said there is a possibility the strike would only be partial and would only affect cargo in containers because warranties for workers of that type of cargo is the big sticking point. that could avoid a stoppage of automobile ship
face this fight with a new congress, right? >> yeah. this would be another can-kicking exercise. it would also likely or possibly include any type of spending reform or tax reform to be continued through next year. adam: there's the president. rich, thank you. >> for the past couple of months i've been working with leaders of both parties to try and forge an agreement that would grow our economy and shrink the deficit. a balanced plan that would cut spending in a responsible way but also ask the wealthiest americans to pay a little more. and above all, protect our middle class and everybody who is striving to get into the middle class. i still want to get this done. it is the right thing to do for our families, four or businesses and for our entire economy but the hour for immediate action is here. it is now. we're now at the point where in just four days every american's tax rates are scheduled to go up by law. every american's paycheck will get consider bring smaller. and that would be the wrong thing to do for our economy. it would be bad for middle class families and it woul
. if congress drops the ball before the ball drops this year, americans will have yet another reason to feel divided and frustrated with their leaders. we had the election and holidays. now the question is whether congress will make a new year's resolution to actually get things done. we have a great panel assembled here. i want to start with you, maggie. no one is dash optimistic. senators have to say that as opposed to admitting things don't look good as we just reported there are indications from at least a pew gop sources that there is this deal on the table. 400,000 at the tax level would not be very favorable to the president's so-called final offer. what do you make of it? >> i think that -- i make of it we are hitting hard deadline and i think all sides are aware this will be problematic for everybody. i think you can make the argument it will be worse for republicans long term than in the short term. markets will open on wednesday and it will be a mess. it will be a mess going forward. nobody wants this to continue. however, neither side will escape without blame if weaned up with t
again be on the bench. >>> and when we return, another look at this morning's top stories and dairy dilemma. families could see the milk prices skyrocket if congress doesn't act. . and dairy dilemma. milk prices will skyrocket if people don't react. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. start saving at citi.com/pricerewind. ♪ many hot dogs are within you. try pepto-bismol to-go, it's the power of pepto, but it fits in your pocket. now tell the world daniel... of pepto-bismol to-go. hours.. can congress come to a compromise? the fiscal cliff showdown resumes with face-to-face negotiations.. muni celebrates a big milestone.. and they're givg all of us a gift!! and.. putin puts a stop to l u-s adoptions.. why?? plus meet one family who's gotten stuck in the middle this international dispute. join us for cbs 5 eyewitness news this morning..
and you're mistrusted by the right. >> yeah, for sure, but also there's also another battle every other day in congress, and so if john boehner can get the house through this moment, you know, eric cantor doesn't necessarily want to be speaker because then all these problems fall in his lap. if he has a chance to get the house through this present crisis and move on to other issues there are -- >> if he can get through this, he can survive. the question is whether speaker boehner really is in control of his caucus. earlier this month he raised the ire of several on the right when he removed several heads of committees. the whole episode gave boehner the feel of a substitute teacher who is accountable for what happens in the classroom but isn't really in control of the kids. well, that's pretty good. after boehner's plan "b" failed, conservative columnist jennifer rubin wrote this, quote, his caucus has rendered boehner a nonplayer in any future fiscal negotiations because he can no longer speak for his conference. perhaps boehner should quit and let the house gop stew and wait for the c
into that debate. >> we want to ask about another bill, the fisa bill. we're going to go to break and come back to congress member dennis kucinich who served eight terms in congress. this is his last week as a member of congress. this is "democracy now!" back in a moment. ♪ [music break] >> she died wednesday at the age of 72 after complications from heart attack. this is "democracy now!," democracynow.org, the war and peace report. i'm amy goodman with juan gonzalez. >> while the so-called fiscal cliff has dominated the news headlines, the senate is preparing to vote today to continue a controversial domestic surveillance program. in a blow to civil liberties advocate, the senate rejected three attempts thursday to add oversight and privacy safeguards to the foreign intelligence surveillance act. >> dennis kucinich is still with us, outgoing democratic congress member. this will be his last week in congress -- at least for this term of his political life. congressmember kucinich, the issue of fisa. what is this bill and what does it mean? >> what it reflects is a breakdown in trust in this c
negotiations resuming. but can congress finally come to a compromise or will we hit the clock when it strikes 12? >> another strike could stop movement at docks along the east coast and cost the u.s. billions. >> and we got light rain already inching closer and closer towards the bay area. rain already falling in parts of eureka. we'll tell you when it's going to hit the roads here. in the meantime, let's talk traffic. here's a look at the dublin interchange. busy at westbound 580. a check of mass transit coming up. >>> good morning. it's friday, december 28, i'm frank mallicoat. >> and i'm michelle griego. time now is 5:00. we're following some breaking news now. oakland police are working this morning at two crime scenes where three people were killed overnight. at 1 a.m., two people were shot to death in the 800 block of meade avenue in west oakland then at 2:30, one person
:00. >>> the dairy industry is calling it the milk cliff. if congress doesn't approve a farm bill, the price of milk could skyrocket from 3.65 to as much as 8. all dairy products will be affected. >>> now to another looming crisis, dock workers at more than a dozen ports across the country are threatening to walk out on the job sunday. strikes along the east coast will create a domino effect. the white house is urging an agreement as quickly as possible. >>> month will rents are on the rise. it's up 3.7% over last year. >>> travelers have attempted to carry 1500 firearms onboard airports in 2012. a separate report found that most firearms were confiscated at atlanta's heartsfield airport. >>> sea world is hoping to make a big splash by going public. it's hoping to pay down debt by going public. no word on a stock price for investing in shamu. >>> where do you get the best bang for your buck in hollywood? natalie portman, averages $42.70. shia labeouf brings in $35.80. and daniel radcliffe rakes in about $30 for every dollar he earns. >>> a sandy hook scammer is busted and tim tebow gets shoved aside
essentially by both houses of congress happened because they tried to do that last year and said let's give ourselves another arbitrary deadline. you know six months from now we will be right back where we started from. that is the problem. >> laura: we are are almost out of time. but the democratic senate refuses to pass a budget. won't do it. can't do it. the president couldn't get a sing the vote for his own budget. the idea he is going to rush in from vacation and be the caped crusader rescuing us all from fiscal doom is absurd. a razzle dazzle spin move. even matt damon is giving up. >> that is just -- that is the most depress end to a segment i have h heard in my life. >> laura: we are out of time, guys. my goodness. someone has to lead at some point. >> i have my crash helmet on. we are going over the cliff. >> laura: next, a civil war among republicans in congress. will speaker benito survive the revolt? and later, president obama in the next four years. what will his second term mean for you and your family? we wil speaker of the house john boehner failed last week to pass a fiscal
right now. kelly, how angry -- i use that phrase angry instead of another phrase -- are the members of congress or specifically in the senate to be back in washington on the eve of new year's day for this ludicrous exercise in nothingness it appears. >> reporter: they've been conditioned over the last few years that haul days seem to equate with deadlines, which means they somehow end up here. there is a sense of frustration because for members coming back, if there isn't anything to vote on or being look at, they're in study hall if you will. that comes with the territory, and they know they have to do that. what's more encouraging is i talked to sources that said at a very senior level the top negotiators taxed by the white house and capitol hill to work on this deal have been talking, have been looking for ways where they could come up a little here, move around a little there, the typical part of negotiating. when you have a meeting like this afternoon which is seeing the president and congressional leaders sitting down together, it is an encouraging sign. there's a resignation
're going to end up with a small, kick-the-can, down-the- road bill to make another fiscal cliff to deal with this fiscal cliff. >> reporter: with expectation low, lawmakers are talk about how to retroactively fix any damage done by going over the cliff with congress. nicole collins, fox news. >>> developing tonight, a strike that could have shut down ports up and down the east coast is averted for now. the long shoreman's union along the east coast and gulf of mexico will extend the current contract for 30 days. that extension prevents a possible strike that could have crippled operations at port and including the port of baltimore. in a statement today, the maryland governor martin o'malley wrote, quote, the port of baltimore continues to be a major part of the state economic strait generating and supporting thousands of jobs. during the extended period, we hope long-term resolutions can be reached for the hardworking families who depend on jobs and commerce linked to the port of baltimore. >>> to the state of the skins. it's the hottest ticket in town. the redskins play host sunday ni
the can down the road, jeff we'll do some small deal, and we'll create another fiscal cliff to deal with this fiscal cliff. again, a total lack of courage, lack of leadership. >> senator corker does congress realize how ridiculous this looks to the american public duelling press conferences, zero substance. we are minutes away from a deadline here and it doesn't look like anyone in washington is taking it seriously. >> i think most of us understand it. i think you guys know that i've laid out a very detailed bill to deal with it. i shared it with the white house, with speaker boehner, with leaders at every level. i've put forth an entitlement reform package. the problem is we don't want to face up to the tough issues that our nation is dealing with and yes, i think we understand that. we should not be having back room meetings. the reason we have the closed door meetings is again we don't have the courage to debate these issues out on the senate floor. >> so that no one gets the blame, instead everybody gets the blame. >> that's exactly right. >> i want to ask you a
look rather against it. but there is still another option which people are not considering at the moment, and that is that we get a deal before the 12th congress wraps up on the 3rd of january, but after the 1i of january. the bush tax cuts expire and then the house republicans, who are in my view the real source of the problem here, we saw what happened last week when boehner tried to push something through. the house republicans want to cut taxes rather than raising taxes. but frankly, i think this is going to the 113th congress from where we are today the. do you think we're going to feel it on the real economy in the first quarter? are we going to see this slight cautiousness feeding through in how -- >> well, first of all, we are seeing it on the u.s. economy already. there's no question about that. it has happened a distinct impact on corporate america's willingness to invest over the past several months, some say over the past year. that's likely to continue. even if we get a deal, what does this mean? it's a minimalist quick fix. it's not a debt and deficit grant gr
the road, jeff, we'll do some small deal, and we'll create another fiscal cliff to deal with this fiscal cliff. again, a total lack of courage, lack of leadership. >> senator corker, does congress realize how ridiculous this looks to the american public, dueling pros conferences. we're minutes away from a fiscal cliff and no one in washington is taking it seriously. >> i think most understand. i think you both know i laid out a very detailed bit. i shared wit the white house, with speaker boehner, with leaders at every level. 've put forth an entitlement package. the problem is we don't want to deal with the issues. yes, i understand that. we should not have back room meetings. the reason we have back-door meetings is, again, dwoejts have the courage to debate these on the floor. >> so no one gets the blame. instead everyone gets the blame. >> that's exactly right. >> i want to ask you about speaker boehner. plan b didn't work out. his own party didn't vote for it. i wonder would he be willing to put out a deal that he knows the gop won't back but it will get them to a deal? >> i don't k
for error. if congress doesn't act -- >> the impact psychologically and financially on americans of another plunge in the negative territory for the economy would be extremely harmful. >> reporter: and candy, as i said, those leaders are still meeting with the president. we'll see if any of them come out and speak to us after that meeting breaks up as soon as we have any word on whether there is an agreement, we'll bring it to you. >> jessica, it's interesting to me the president's idea like if we can't get an agreement, let's just have a straight up or down vote in both houses on my plan. and here's what i can't figure out, whether that's a trap for republicans because then they can be accused of not even allowing it to come up for a vote and that's a great political talking point or is it a way out, saying look, we felt the situation was dire and we should put these things up there and see how the vote went. which is it? >> reporter: i'm going to take the easy answer today. it's a little bit of both. they are confident it has the votes if they would bring it to the floor. >> sure. >> repo
. if this thing gets ugly and stays ugly, it's probably going to stay that way at least another year or two expand the next thing you know, he's a lame duck president. if we cut a deal and move on and he brings congress with him, we will see a new political atmosphere in washington. at this point it seems like more of the same. host: from facebook -- guest: one thing i a lot about yesterday was this is really raising the question of canada to be cut? is it politically possible in this environment to get enough republicans and democrats to support a deal that the white house wants on deficit reduction? because they been to the altar so many times on this same issue, taxes, medicare, social security, defense spending, you must wonder, if there's any agreement possible. host: first, commented today from the senate republican leader mitch mcconnell, who will join his colleagues later today at the white house. [video clip] >> i told the president last night we would be happy to look at whatever he proposes. the truth is we are coming up against a hard deadline. as i said, this is a conversation we shou
just one week ago. here's what the nra's executive vp said back then. >> i call on congress today to act immediately to appropriate whatever is necessary to put armed police officers in every single school in this nation. >> at the time, wayne lapierre said armed officers were the only way to prevent another massacre like the one that happened in newtown. >>> president obama summoning congressional leaders to the white house, 3:00 this afternoon is the date for one final fiscal cliff showdown. just four days left to get this deal done or massive tax hikes and spending cuts will kick in. >>> the u.s. embassy clearing out of an african nation this morning. deteriorating security in the central african republic has forced the u.s. state department to temporarily suspend operations. there the u.s. ambassador, his diplomatic team and some private american citizens are out of the capital. the country's president has asked france and the united states for help to stop rebels that threaten rule. >>> it's not clear who will replace lisa jackson as the head of the environmental protection a
gets ugly and stays ugly, it's probably going to stay that way at least another year or two, and the next thing you know, he's a lame duck president. if we cut a deal and move on and he brings congress with him, we will see a new political atmosphere in washington. at this point it seems like more of the same. host: from facebook -- guest: one thing i a lot about yesterday was this is really raising the question of canada to be cut? is it politically possible in this environment to get enough republicans and democrats to support a deal that the white house wants on deficit reduction? because they been to the altar so many times on this same issue, taxes, medicare, social security, defense spending, you must wonder, if there's any agreement possible. host: first, commented today from the senate republican leader mitch mcconnell, who will join his colleagues later today at the white house. [video clip] >> i told the president last night we would be happy to look at whatever he proposes. the truth is we are coming up against a hard deadline. as i said, this is a conversation we
Search Results 0 to 26 of about 27 (some duplicates have been removed)